Asia: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Asia

The Asian hand-held blow pipe market declined slightly to $X in 2023, dropping by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Hand-Held Blow Pipe Production in Asia

In value terms, hand-held blow pipe production totaled $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Hand-Held Blow Pipe Exports

Exports in Asia

In 2023, shipments abroad of hand-held blow pipes for soldering, brazing or welding increased by X% to X units, rising for the seventh consecutive year after two years of decline. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, hand-held blow pipe exports dropped to $X in 2023. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then reduced in the following year.

Exports by Country

China dominates exports structure, reaching X units, which was approx. X% of total exports in 2023. Taiwan (Chinese) (X units) took a relatively small share of total exports.

China was also the fastest-growing in terms of the hand-held blow pipes for soldering, brazing or welding exports, with a CAGR of X% from 2012 to 2023. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, China ($X) remains the largest hand-held blow pipe supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while China totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Hand-Held Blow Pipe Imports

Imports in Asia

In 2023, the amount of hand-held blow pipes for soldering, brazing or welding imported in Asia skyrocketed to X units, picking up by X% compared with the previous year. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, hand-held blow pipe imports reduced to $X in 2023. Total imports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then dropped in the following year.

Imports by Country

Kazakhstan represented the largest importing country with an import of around X units, which resulted at X% of total imports. Indonesia (X units) held the second position in the ranking, distantly followed by the United Arab Emirates (X units) and South Korea (X units). All these countries together took approx. X% share of total imports. The following importers - India (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units), Japan (X units), Thailand (X units) and Armenia (X units) - together made up X% of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Indonesia (X%), India (X%), South Korea (X%), Thailand (X%), Armenia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Japan (X%), Hong Kong SAR (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kazakhstan, Indonesia, South Korea and India increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hand-held blow pipe importing markets in Asia were the United Arab Emirates ($X), South Korea ($X) and Indonesia ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2022 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform